03/17/2017
Maples Group Assists MJX Asset Management on First New-Issue CLO of 2017
Maples Fiduciary in the Cayman Islands provides fiduciary services to the issuer.
Regulation, Risk & Compliance
03/17/2017
Cim Financial Services Limited enters into agreement for the sale of its Global Business activities to the SGG Group, a European leader in investor services
Cim Global Business management team share our growth ambitions and are equally passionate about supporting the needs of our clients.
03/17/2017
OECD announces further developments in international tax co-operation
It is also assisting its developing country members to ensure that they can also receive the benefits of the ongoing global move to automatic exchange of financial account information.
03/17/2017
Altered Regulatory Landscape makes Family Office Location Vital
Families debating whether to set up their own single family office or use the services of an existing multi family office are narrowing their search to those jurisdictions renowned for their stability and security in financial services
03/16/2017
Streamlined funds regime welcomed as enhancing Jersey’s competitiveness
The framework ensures continued compliance with international standards by requiring the appointment of a Jersey-based administrator.
03/16/2017
JFSC launches Jersey Private Fund Guide to modernise Island’s funds regime
The launch of Jersey’s new single private fund product will see the phasing out of all other Jersey private products although existing private funds will be able to continue to operate until the end of their natural life.
03/15/2017
Guernsey Commission signs MoU with China’s insurance regulator
The MoU sets out a statement of intent to establish a framework for mutual assistance and to facilitate the exchange of information between the authorities.
03/14/2017
IoM regulator open to dialogue on commission disclosure rules
This is accentuated by current uncertainty around the UAE Insurance Authority’s plan to issue a new draft and open a fresh consultation on plans to tackle high fees and hidden commissions in the life industry after requests for a 'two-year dela
03/14/2017
BAHAMAS: Central Bank Targets Non-Bank E-Payment Rules By Mid-Year ‘17
For newly-legalised web shops are among the leading contenders to obtain such licenses, especially since they already have a physical presence throughout the Bahamas, especially in the Family Islands.
03/14/2017
Guernsey-China relationship strengthened with regulatory MoU
One of the early adopters of the Common Reporting Standard, Guernsey has a reputation for working in tandem with its finance industry
03/13/2017
Bermuda remains ILS world leader
The lack of correlation with financial markets has been one of the biggest selling points for ILS investors.
03/13/2017
Swiss safe haven
The agreement itself is a good development but any expectation that it would bring the money back to Pakistan is highly misplaced.
03/13/2017
A New Era of Regulation for Organisations using Personal Information in Bermuda - The Personal Information Protection Act 2016
The legislation will apply to every organisation that uses personal information in Bermuda where that personal information is used wholly or partly by automated means and where the use of personal information forms or is intended to form part of a structu
03/12/2017
Parliament makes publication of offshore transfer totals mandatory
In question are almost €10 billion that was transferred offshore without the tax authorities analysing it between 2011 and 2014.
03/12/2017
Jackson, MSME Alliance Support Plan To Protect Consumers From Banks
At the same time Jamaican banks' returns on equity and returns on assets also rank very high.
03/10/2017
Innovation and the fintech frontier
Fintech began as back-end technology supporting an established industry.
03/10/2017
Bondholders Endorse Belize's Revised Debt Structuring Plan
The current structure currently pays interest at five per cent per annum, which was scheduled to step up to 6.767 per cent in August of this year.
03/10/2017
Beyond the boundary
Over the past few decades there have been very long stretches without any decisions of significance.
03/09/2017
Bermuda Insurance Update
A.M. Best has reported that the global operating environment remains negative.
03/09/2017
OECD invites BD to join combat against fund flight
Says signing convention can help check base erosion, profit shifting to tax havens